SOLD
RECENT ADVICE
Sold on 23 Sep 2024 for $585,000

1/7 Cormiston Road
Riverside TAS 7250

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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McGrath Launceston
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Property Details for 1/7 Cormiston Rd, Riverside

1/7 Cormiston Rd, Riverside is a 2 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Riverside in the last 12 months.

Building Type
House
Local Government
West Tamar

Last Listing description (October 2024)

- Elevated positioned capturing views of Tamar Island and Tamar River
- Ideal first home or downsizing option in a central location close to services
- Level access into the home, ideal for those who seek accessibility with views

- Open plan lounge and dining room enjoy large picture frame windows
- All day sun floods in the living spaces creating a beautiful sense of home
- Spacious kitchen with large breakfast bar, an abundance of storage
- Private deck off the dining and kitchen is a fantastic space to entertain
- Master bedroom with ensuite and WIR, positioned to capture morning sun
- Built in wardrobes in 2nd bedroom, large linen closet in the hallway
- Main bathroom provides separate shower, bath and modern vanity
- Internal access into the garage, off street parking for boat or caravan
- Minutes to local bus stop, 5 minutes to Legana & Riverside Shopping Centre's
- Easy walk to multiple schools including Christian School & St Anthony's

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Property History for 1/7 Cormiston Rd, Riverside, TAS 7250

A timeline of how this property has performed in the market
Last Sold
$585,000
23 Sep 2024
Listed for Rent
$500/w
17 Jan 2023
  • 23 Sep 2024
    Sold for $585,000
  • 27 Aug 2024
    Listed for Sale $545k - $585k
  • 17 Jan 2024
    Listed for Rent $520 / week
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About Riverside 7250

The size of Riverside is approximately 55 square kilometres. It has 7 parks covering nearly 2.6% of total area. The population of Riverside in 2011 was 6,072 people. By 2016 the population was 6,475 showing a population growth of 6.6% in the area during that time. The predominant age group in Riverside is 10-19 years. Households in Riverside are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverside work in a professional occupation. In 2011, 75.3% of the homes in Riverside were owner-occupied compared with 72.7% in 2016.

Riverside has 3,452 properties. Over the last 5 years, Houses in Riverside have seen a 64.30% increase in median value, while Units have seen a 30.36% increase. As at 30 September 2024:

  • The median value for Houses in Riverside is $641,551 while the median value for Units is $377,391.
  • Houses have a median rent of $480 while Units have a median rent of $405.
There are currently 38 properties listed for sale, and 4 properties listed for rent in Riverside on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Riverside.

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